NOT LISTED FOR SALE

2501 Tara Ct Melbourne, FL 32940

Estimated Value: $342,618 - $393,000

3 Beds
2 Baths
1,565 Sq Ft
$237/Sq Ft Est. Value

About This Home

This property is professionally managed by AMH, a leading single-family rental company. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy your weekends stress-free. We look forward to welcoming you home! See Today, Sign Today™ Take a self-guided tour of this property using our Let Yourself In® service to view the space on your own schedule, without an agent. And if your documents are in order, you might even view a home and sign a lease on the same day! Utilities, taxes, and other fees may apply. Please verify and confirm all information before signing a lease. If you have questions, don’t hesitate to contact us at the telephone number on this property listing. All lease applications, documentation, and initial payments for this property, must be submitted directly through or by phone. The photos, renderings, or other images of the properties on our website, are for illustrative purposes only, and may vary from the features, amenities, or phase of construction. We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our residences is listed there, please notify us. For further description of applicable fees, please go to our website.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2018
Sold by
American Homes 4 Rent Properties Seven L
Bought by
Amh 2015 1 Borrower Lp
Current Estimated Value
$371,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,830,000
Outstanding Balance
$480,169,016
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$479,797,611

Purchase Details

Closed on
Jun 17, 2014
Sold by
Sorger Laura J and Bank Of America N A
Bought by
American Homes 4 Rent Properties Seven L

Purchase Details

Closed on
Apr 3, 2001
Sold by
Sorger Mark
Bought by
Sorger Laura J

Purchase Details

Closed on
Dec 11, 1998
Sold by
Lutz Marie E
Bought by
Sorger Mark and Sorger Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,948
Interest Rate
6.84%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Lennar Homes Inc
Bought by
Lutz Marie E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amh 2015 1 Borrower Lp -- Os National Llc
American Homes 4 Rent Properties Seven L $120,000 None Available
Sorger Laura J -- --
Sorger Mark $101,000 --
Lutz Marie E $99,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2015 1 Borrower Lp $552,830,000
Previous Owner Sorger Laura J $50,000
Previous Owner Sorger Laura J $99,400
Previous Owner Sorger Mark $100,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Off Market $2,330 -- --
06/17/2025 06/17/25 Price Changed $2,330 +1.5% $1 / Sq Ft
05/03/2025 05/03/25 Price Changed $2,295 -0.4% $1 / Sq Ft
04/19/2025 04/19/25 Price Changed $2,305 -1.9% $1 / Sq Ft
04/18/2025 04/18/25 For Rent $2,350 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,121 $305,960 -- --
2023 $5,121 $303,200 $0 $0
2022 $4,715 $305,160 $0 $0
2021 $4,251 $232,120 $70,000 $162,120
2020 $3,882 $208,660 $65,000 $143,660
2019 $4,025 $208,520 $65,000 $143,520
2018 $3,583 $185,560 $60,000 $125,560
2017 $3,351 $167,830 $50,000 $117,830
2016 $3,199 $149,080 $45,000 $104,080
2015 $2,991 $134,560 $35,000 $99,560
2014 $1,442 $104,250 $35,000 $69,250
Source: Public Records

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